Dow Jones (DJIA) Today: Visa (V) Lower

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer..

The Dow Jones Industrial Average ( ^DJI) is trading up 159 points (+0.9%) at 17,999 as of Friday, May 1, 2015, 1:36 p.m. ET. During this time, 172.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 375.5 million. The NYSE advances/declines ratio sits at 1,699 issues advancing vs. 1,297 declining with 150 unchanged.
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Holding back the Dow today is Visa (NYSE: V), which is lagging the broader Dow index with a 63-cent decline (-0.9%) bringing the stock to $65.42. Volume for Visa currently sits at 6.8 million shares traded vs. an average daily trading volume of 10.1 million shares.

Visa has a market cap of $132.25 billion and is part of the financial sector and financial services industry. Shares are up 2.7% year-to-date as of Thursday's close. The stock's dividend yield sits at 0.7%.

Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.

TheStreet Ratings rates Visa as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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